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What is a renter?
A tenant is someone who pays rent to live in a residential or commercial property (home, apartment or condo, condo, townhouse) that belongs to somebody else.
What is a landlord?
A property manager is the owner of the residential or commercial property that the renter resides in.
What is a residential or commercial property ?
Sometimes, the owner of the residential or commercial property works with someone to oversee and manage their residential or commercial property for them.
What is a lease?
A lease is a written agreement between you (the occupant) and the property owner, allowing you to live in the residential or commercial property in exchange for lease. For your security, you should only participate in a composed lease. The lease says what you are accountable for, and what the property manager is accountable for. Both you and the landlord sign the lease and you both must do what the lease says. Leases are typically difficult to understand, even for native English speakers, so it is best to have somebody you trust assist you understand your lease, or contact a lawyer to help you.
What is lease?
This is the quantity of cash you will pay the property owner every month. Rent is paid beforehand, implying that lease is due at the beginning of the month, generally on the very first of the month, for that month. Make sure you know where and how to pay the rent - online? By check? Cash? If you pay your lease in money, always get an invoice as proof of your payment.
What is the term of the lease?
This is the time period you and the property manager agree that you can live in the residential or commercial property, and you will pay rent. Most of the time the term is for one year, but it can be less or more if both you and the property manager agree. When this term is over, you and the proprietor can sign a new lease-if you both agree-and start all over. Or, you can leave the residential or commercial property.
What are the important things the landlord is accountable for?
Mainly, the property manager is accountable for making sure the residential or commercial property is fit to reside in and basic things work. Most repairs are usually the landlord's responsibility, specifically bigger things like the furnace, warm water heating unit, air conditioner, stove, refrigerator, dishwashing machine, and so on. Make sure the lease has either the proprietor's or residential or commercial property manager's contact information-telephone number, e-mail address, etc.-and how to get in touch with the landlord or residential or commercial property manager in an emergency.
What are the main points the renter is accountable for?
You are required to 1) pay rent and 2) keep the residential or commercial property in good condition. Any other duties will be listed in the lease. Sometimes the tenant is responsible for small repairs and the landlord is accountable for major repair work. Make certain you know what repairs you are accountable for before you sign the lease. The tenant is likewise responsible to spend for any damages that they, or any of their guests, cause.
What is a security deposit?
This is money that you offer the property owner to hold in case you stop working to pay lease or if you damage the residential or commercial property. The down payment is your money. If you do whatever that the lease states you are required to do (for the most part, stay for the full term of the lease, pay your rent, and do not harm the residential or commercial property) then you need to get your security deposit back at the end of the lease. This should occur within 1 month after the lease has actually ended, or 60 days if that's what the lease states, however it can never be more than 60 days after the lease has ended. The property manager should supply you a composed declaration that shows any deductions from the down payment, and why it was subtracted. Together with this declaration, the proprietor must offer you any cash that is due to you. If you do not agree with the part of your down payment that was kept by the proprietor, you can go to little claims court and have a judge decide. You can get more details about little claims court from the county in which you live. Also, see the resources listed below for more assistance.
What am I expected to pay before moving in?
Most of the time you will be needed to pay the first month's lease plus a down payment, which is usually equivalent to one month's lease. Sometimes it can be more. Also, if you are relocating the middle of a month, you may be needed to pay lease for the part of the month you will be residing in the residential or commercial property. For instance, let's say the lease is $1,500 per month and you are moving in on the 1st of the month. You will pay the first month's rent, $1,500, plus the security deposit, $1,500, for a total of $3,000. But if you move in on the 20th of the month, you will probably have to pay $500 for the 10 days of the existing month (1/3 of a month), plus the $3,000 explained above.
What else do I have to pay each month besides rent?
Rent may not be all that you need to pay. Usually, most utilities-electricity, natural gas, water, web, cable TV-are paid by you. Everything that you are accountable to spend for will be noted in the lease. Sometimes, some utilities are consisted of in the lease, but the majority of the time they are not, and you are needed to pay them. Make certain you understand whatever that you are needed to pay for before you sign the lease.
Is the lease negotiable?
Many items in the lease are negotiable and can be altered if you and the proprietor both agree. The 2 most typical things that individuals try to negotiate are the term and the lease. Let's state the proprietor desires a tenant for one year, however you only want to stay for six months. The term will be chosen by what you both accept. Same with the rent. Remember, both you and the proprietor need to agree.
How should I communicate with the property manager or residential or commercial property supervisor?
Try to communicate with your proprietor in writing when possible (e-mail, etc) Of course, you can call, but try to follow that with an e-mail to confirm what was said. If it is an important matter, you ought to send a letter by qualified mail. In an emergency situation, call the emergency number that ought to remain in your lease. If that number is not in your lease, ask for it before you move in.
How do I file a grievance on a residential or commercial property supervisor?
You can submit a problem versus a residential or commercial property manager with the Division of Real Estate.
Filing a Complaint
Can the property owner or residential or commercial property supervisor go to the residential or commercial property while you are living there?
Your proprietor or residential or commercial property manager might desire to check out the residential or commercial property from time to time to examine its condition, however the proprietor or residential or commercial property supervisor can not simply come by whenever they want (an exception is if there is an emergency situation). They should offer you sensible notification or get your consent, and it needs to be at a sensible time. Check your lease arrangement worrying this notice and the proprietor's right to get in the residential or commercial property. Once you lease the residential or commercial property from the property owner, it is your home for the term of the lease, and you have a right to personal privacy.
Can I be charged a late charge if my lease payment is late?
Yes, just if your rent payment is late by 7 or more days and the late charge is mentioned in your lease. You should get notice of the late cost within 180 days of the date on which your rent payment was due. Late costs charged by proprietors and residential or commercial property supervisors are limited to the higher of $50 or 5% of the past due lease payment.
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Can I be forced out from the residential or commercial property?
An eviction is a legal procedure that a property manager must go through to eliminate you from the residential or commercial property. This process is typically used when an occupant violates one or more lease terms, for instance, failing to pay rent, not leaving the residential or commercial property after the lease term ends, enabling individuals who aren't on the lease to remain in the residential or commercial property, or conducting illegal activity on the residential or commercial property. For info on your rights if you are being kicked out, see the resources below.
Isto eliminará a páxina "Leases And Renting Basics". Por favor, asegúrate de que é o que queres.